McLagan Partners, a subsidiary of Aon Consulting, announced it has acquired Z/Yen Limited, a London-based market intelligence firm. Terms of the deal were not released.
Z/Yen Limited measures cost per trade and operational efficiency across capital markets and has worked with over 30 major banks. It was a subsidiary of the Z/Yen Group.
All other work undertaken by the Z/Yen Group--such as management consultancy, research and predictive software--is unaffected by this change, the company said.
McLagan Partners offers proprietary market studies and consulting services to firms in the financial services industry.
The firm said acquisition of Z/Yen Limited will complement McLagan's existing services by providing cost per trade analysis and customer perception studies for the capital markets, Aon said.
Aon Consulting is a subsidiary of Chicago-based insurance broker, Aon Corporation.
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